ADDITIONAL LEASED SPACE Clause Samples

The "Additional Leased Space" clause defines the terms under which a tenant may lease extra space beyond what is specified in the original lease agreement. Typically, this clause outlines the process for requesting additional space, the conditions under which it may be granted, and how rent or other terms will be adjusted to reflect the increased area. For example, it may specify that the tenant must provide written notice to the landlord and that the additional space will be subject to the same or negotiated terms as the existing lease. The core function of this clause is to provide a clear mechanism for expanding the leased premises, thereby accommodating the tenant’s growth needs while ensuring both parties understand their rights and obligations regarding extra space.
ADDITIONAL LEASED SPACE. Notwithstanding anything to the contrary in the Lease, Landlord hereby agrees to lease to Tenant and Tenant’s agents, employees, and representatives Parcel C2 — Building # 51 (the “Office”) and Tenant hereby surrenders all of its interest in Parcel C — Building # 37 (the “Surrendered Office”). All references to the Surrendered Office in the Lease shall be considered deleted and replaced with the Office. The Office shall be used, pursuant to the Lease, for general office and clerical use. In addition, Landlord hereby consents to all work, demolition and construction performed in, upon and about the Office prior to the Effective Date and up to the date of Landlord’s execution of this Amendment. Any further work, demolition and construction performed in, upon and about the Office shall be performed in accordance with the terms of the Lease.
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ADDITIONAL LEASED SPACE. As of the Effective Date set forth below, ----------------------- and subject to the terms and conditions set forth herein, the Premises as defined in Paragraph 2(l) of the Lease shall be amended to include that portion of the Building known as Suite 370, being the office space approximately 969 square feet in area, located in the Northeast corner of the Building on the 3rd floor (the "Additional Space"). The premises, including the Additional Space, will contain approximately 7,277 square feet of leasable space. The Additional Space is leased "as is", and any improvements shall pre-approved by Landlord and made at Tenant's sole cost and expense.
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ADDITIONAL LEASED SPACE. The Premises are hereby amended to comprise that space which is particularly identified on Exhibit A hereto (4,334 square feet).
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ADDITIONAL LEASED SPACE. The Premises are hereby amended to comprise that space which is particularly identified on Exhibit A hereto.
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ADDITIONAL LEASED SPACE. In the event Tenant notifies Landlord that it will agree to lease a total of 41,000 square feet, Landlord shall use its best efforts to provide or construct additional space for the Tenant in Cedar Brook Corporate Center, or one of its other industrial parks. Such space shall be contiguous. Landlord shall advise Tenant within 90 days whether it is able to provide such space. The rent and terms for such space will be agreed at the time and will be comparable to other similar space leased by Landlord. If such additional leased space is constructed by Landlord and occupied by Tenant, then Tenant shall have the option to terminate this lease upon its occupancy of the additional leased space.
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ADDITIONAL LEASED SPACE. The Premises shall be enlarged to include the following space (approximately 5,759 rentable square feet), which space shall increase the area of the Premises to 10,093 total rentable square feet, and which space shall be used only for the purposes set forth below and in accordance with the further restrictions of Article 4 of the Lease: (i) Laboratories 311, 312, 331 and 333 on the Third Floor of the Silicones Building as shown on Exhibit A attached hereto, which shall be used for laboratory purposes. (ii) Office 320 on the Third Floor and Office 244, 246, 247, 251 and 255 on the Second Floor of the Silicones Building as shown on Exhibit A attached hereto, which shall be used for office purposes only. It is understood and agreed that the additional lab and office space on the said Third Floor will be made available to Tenant effective January 1, 1992, and that the additional office space on the said Second Floor will be made available to Tenant effective April 1, 1992.
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ADDITIONAL LEASED SPACE. Landlord hereby leases to Tenant and Tenant hereby hires from Landlord, in addition to the existing Premises, 13,285 rentable square feet of space comprising the tenth (10th) floor of the Building (Suite 1000), as identified on Exhibit A attached hereto and made a part hereof (the "Additional Leased Space"). The parties acknowledge and agree that as of the Commencement Date (defined in Paragraph 2 below): (i) the existing Premises and the Additional Leased Space shall be collectively referred to herein and for purposes of the Lease, as amended hereby, as the "Premises," and (ii) the total rentable area comprising the Premises shall be equal to 26,570 square feet.
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ADDITIONAL LEASED SPACE. The Premises are hereby amended to include Laboratories #312 and #331, containing 1,720 square feet, in the Silicones Building as more particularly shown on Exhibit A attached hereto. Tenant shall use such space for storage purposes only.
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Related to ADDITIONAL LEASED SPACE

  • Additional Space Commencing on May 1, 2001, Sublessor herein grants unto the Sublessee a Right of First Refusal on any space that shall be and/or becomes available in the building during the remaining Term of this Sublease. Prior to May 1, 2001 and thereafter prior to the first day of May of any calendar year during the remaining Term hereof, Sublessor shall notify Sublessee by written notice of the availability of any such space in the building. Should Sublessee desire to exercise its Right of First Refusal and sublease such available space, Sublessee must notify Sublessor in writing of its desire to sublease the available space within seven (7) calendar days of Sublessee's receipt of Landlord's notice of availability. Within thirty (30) days of the receipt of Sublessee's notice exercising the right to sublease such available space, Sublessee and Sublessor shall enter into an amendment of this agreement setting forth the terms under which the additional space is subleased to Sublessee. The Base Rental shall be at a rental mutually agreed between Sublessee and Sublessor. Failure by Sublessee to exercise its Right of First Refusal within said seven (7) calendar day period, or if exercised, failure to enter into an amendment of this agreement within thirty (30) days of Sublessor's receipt of Sublessee's notice, shall be deemed a waiver of such right and Sublessor shall thereafter be free of any obligation under this Article 2.04 for a period of 12 months. Any exercise by Sublessee of this Right of First Refusal shall be for a minimum of 5,000 rental square feet.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Existing Premises Notwithstanding anything to the contrary in the Lease as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of the Lease.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Additional Land All ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ and development rights hereafter acquired by Borrower for use in connection with the Land and the development of the Land and all additional lands and estates therein which may, from time to time, by supplemental mortgage or otherwise be expressly made subject to the lien of this Security Instrument;